Market Intelligence · LA / New Orleans

New Orleans, LA 70112 Housing Market

The typical home value in New Orleans, LA 70112 stands at $332,460, up 4.8% over the past year. The median list price is $420,000, and homes spend a median of 72 days on the market.

Updated September 2026Median value$332K

The median home value in New Orleans, LA 70112 is $332K as of September 2026, up 4.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your New Orleans home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 70112 range

$306K to $359K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 70112 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in New Orleans, LA.

12-month value trend

+4.8% over 12 months

Sep 2025$317K

Low $317KHigh $332K

Sep 2026$332K

The numbers

What is the 70112 housing market like?

As of September 2026

Typical home value

$332K

4.8%YoY

Median list price

$420K

2.4%MoM

Days on market

50.7%MoM

Homes for sale

0.0%MoM

Price cuts

19.7%

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

70112 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 70112 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 70112 rose 4.8%, per the Zillow Home Value Index.

Will home prices drop in 70112?

Zillow's forecast says they may: it expects typical home values in 70112 to fall 0.7% by September 2027, after a 4.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 70112 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 70112 home prices compare?

70112$332,460
New Orleans$254,224
Louisiana$184,621
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (New Orleans: 19 ZIPs; Louisiana: 345 ZIPs; United States: 26,262 ZIPs).

Context

New Orleans 70112 has 42 homes for sale as of September 2026, with only 4 new listings added recently. The median days on market of 72 suggests a moderate pace of activity. Nearly one in five listings, or 19.7%, carries a price cut, which is a signal that sellers are adjusting expectations. Despite the year-over-year appreciation of 4.8%, the current inventory and price-cut activity suggest this is a buyer-friendly period where negotiation is realistic.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $66,492

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 70112?

The typical home value in New Orleans 70112 is $332,460, up 4.8% over the past year.

How long do homes typically stay on the market here?

Homes in 70112 spend a median of 72 days on the market as of September 2026.

How many homes are currently for sale?

There are 42 homes for sale in 70112 as of September 2026, with 4 new listings added recently.

Discover

Nearby ZIP markets.

Keep reading